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a. How much will $100 grow to if invested at a continuously compounded interest rate of 12.25% for 8 years? b. How much will $100
a. How much will $100 grow to if invested at a continuously compounded interest rate of 12.25% for 8 years?
b. How much will $100 grow to if inveested at an annual interest rate 12.25% for 8 years?
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